Shanxi Coking Coal Energy Group (000983) Q1 2026 earnings summary

Executive summary

• Net profit attributable to shareholders rose 18.62% year-over-year to ¥807.88 million, despite a 1.82% decline in revenue to ¥8.86 billion.

• Operating cash flow dropped sharply by 70.89% year-over-year, mainly due to increased coal payments by subsidiaries.

• Non-recurring gains, primarily from asset disposals, contributed significantly to net profit.

Financial highlights

• Revenue for Q1 2026 was ¥8.86 billion, down 1.82% from Q1 2025.

• Net profit attributable to shareholders reached ¥807.88 million, up 18.62% year-over-year.

• Net profit excluding non-recurring items was ¥646.28 million, down 10.88% year-over-year.

• Basic and diluted EPS were both ¥0.1423, up from ¥0.1200 in the prior year.

• Total assets at quarter-end stood at ¥109.25 billion, up 0.37% from year-end 2025.

Outlook and guidance

• No explicit forward-looking guidance or projections were provided for the remainder of 2026.